Commercial Virtual Cards
Virtual cards offer a unique combination of benefits to businesses using them to make online purchases:
A new unique virtual card can be created for each transaction, and associated with data such as order number, booking reference, etc so that payment reconciliation can be automated.
Fraud can be limited by activating the card only for a limited window of time just when it is needed to make transactions, and only usable at certain categories of merchants to reduce scope for abuse.
Virtual cards for business use return a percentage of the amount spent in a form of cashback. This can be used to make the service free to end-customers, or offered as a rebate on transactions.
Use commercial virtual cards for
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Supplier Payments
Part of a procurement solutions, especially where the supplier is not on-boarded in the procurement system but accepts cards at checkout. -
Purchase on Behalf of (POBO)
Solutions for concierge services to remotely purchase goods and services on behalf of their clients. -
Managing Employee Expenditure
mobile workforce can pay for expenses via an app, supporting request and approval process, reporting, and spend-category blocking. -
Marketplace Payments
whereby the payments can be integrated into the purchasing experience for both buyer and seller. -
Managing Subscription Payments (B2B)
tracking subscription expiry and only loading funds on the registered card if a positive approval is made for renewal.
Adaptive and scalable
Weavr has launched in the EEA and is currently supporting 3 currencies and one card scheme. Watch this space as more are added.
Pricing
Our pricing strikes a balance between being simple and competitive. There are no setup fees and no minimum monthly payments. Just buy a bundle of services that’s right for you and once you’ve used it up, get another one.
For more information on our pricing please contact us.
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